Two leaders in sustainable AI have left their tech jobs to start a new venture that aims to help companies mitigate AI’s environmental footprint.  The Sustainable AI Group (SAIG), which launched on Wednesday, is led by Sasha Luccioni, Hugging Face’s former AI and climate lead, and Salesforce’s former head of AI sustainability Boris Gamazaychikov. The…

Montréal-based Developer Capital (DevCap) has closed another $5 million CAD to invest in early-stage AI startups in what co-founder and CEO Jordan Steiner referred to as a “seed” round. DevCap operates differently from most venture capital (VC) firms. Born out of Montréal-based full-stack software development consultancy Monadical in 2023, the firm is an evergreen investment…

Canadian venture capital (VC) saw the lowest deal count of any quarter since 2017 in Q1 of this year, according to the Canadian Venture Capital Association’s (CVCA) quarterly market overview report. However, the deals that did take place were largely early-stage rounds.  The CVCA said the first quarter of 2026 closed with $936 million CAD…